120 Main St E Carthage, SD 57323
Estimated payment $1,112/month
About This Home
Exceptional opportunity to own a well-established restaurant and steakhouse in the well known town of Carthage. The Cabaret Restaurant & Steakhouse is a turn-key operation offering a fully equipped kitchen, dining area, bar, and event space. Known for its welcoming atmosphere and loyal customer base, this business is ready for new ownership. The property features ample indoor seating suitable for everyday dining, private events, and group gatherings. Guests can also enjoy the outdoor entertainment area, complete with a covered stage that is ideal for live music and special events. This is an excellent opportunity for an owner-operator or investor seeking an established business with strong community presence and growth potential.
Property Details
Property Type
- Other
Year Built
- Built in 1910
Lot Details
- 10,500 Sq Ft Lot
- Property is zoned Commercial
Community Details
- Temporary Check Back Subdivision
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,350 | $77,733 | $3,780 | $73,953 |
| 2024 | $1,137 | $64,778 | $3,150 | $61,628 |
| 2023 | $1,137 | $54,102 | $512 | $53,590 |
| 2022 | $980 | $45,086 | $427 | $44,659 |
| 2021 | $823 | $37,572 | $356 | $37,216 |
| 2020 | $535 | $25,199 | $297 | $24,902 |
| 2019 | $471 | $21,000 | $248 | $20,752 |
| 2018 | $2,636 | $21,000 | $248 | $20,752 |
| 2017 | -- | $21,000 | $248 | $20,752 |
| 2016 | -- | $21,000 | $248 | $20,752 |
| 2015 | -- | $20,977 | $225 | $20,752 |
| 2013 | -- | $20,977 | $225 | $20,752 |
| 2012 | -- | $20,977 | $225 | $20,752 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $185,000 | -- | -- |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22604693
APN: 3261
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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